’’If they just made up a debt to themselves in order to take that equity, would that not be fraud against the shareholders?’’
Yes, well that is the prollem that they created for themselves by publicly stating that LARRY got the shares for a pre-existing debt that cannot be shown on the financials anywhere.
The Clownshow thinks they can just make up shit as they go along - like they have with all the bullshit PRs. The prollem arises when they are bullshitting in the financials.
That is serious lying and has serious CONsequences. The SEC, DOJ, and state securities regulators seem to have a serious aversion to financial bullshitting and false statements. And so do class action plaintiff securities lawyers.
’’I tole them nott to give all them shares to LARRY for nuffin. Butt they woodent lissen, as usual. Now I gotta lissen to _____Ben snore and he getts the bottom bunk because he cannot climb up to the top one so I have to take it. This sucks. He is popular on Drag Queen Night on cell block D on Thursday nights tho. That boy ... err ... girl can shore dance!’ And he makes a mean five-anna-haff spices popcorn on commissary days.’
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